Radio And Television Transmitting Equipment, Transmission Lines, Pipelines, Traffic Lights Insurance
Definition of "Radio and television transmitting equipment, transmission lines, pipelines, traffic lights insurance"
Coverage if transmission equipment is damaged or destroyed on an all risks basis excluding the perils of war, wear and tear, inherent defect, and nuclear damage, consequential loss (indirect loss) may be added by endorsement to include such eventualities as lost revenue because of damage to a radio-transmitting line. This endorsement can be of special importance to businesses, such as stock brokerages, that transmit buy and sell orders.
Popular Insurance Terms
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Company organized with the business objective of providing claims adjustment services to insurance companies that do not have an internal claims department. ...
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Documents completed by the agent to effect authorization to act on behalf of the company. ...
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Transportation firm that must carry any customer's goods if the customer is willing to pay. Common carriers include trucking companies, bus lines, and airlines. ...
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